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September 17 th 2012

Common Cents Investment Group. September 17 th 2012. Agenda. Membership Investopedia Stock Ownership Dollar Cost Averaging Funds Choosing the right broker. Membership. $20. Cost is only $20 for the whole year! Benefits:

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September 17 th 2012

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  1. Common Cents Investment Group September 17th 2012

  2. Agenda • Membership • Investopedia • Stock Ownership • Dollar Cost Averaging • Funds • Choosing the right broker

  3. Membership $20 • Cost is only $20 for the whole year! • Benefits: • Member of a very beneficial and informative club that will inevitably be valuable in your future • A network of friends who share a similar interest in investing and personal finance • A virtual portfolio challenge that will strengthen your confidence in investing

  4. Membership • Benefits: • Possibly T-Shirts? • Resume booster! • Leadership opportunities • And of course…Free pizza & Pop!

  5. Membership • Full Membership requires: • Member has attended at least 2 CCIG meetings • Member has paid $20 club fee

  6. Investopedia • A year long virtual investment challenge on www.investopedia.com • The winner at the end of year wins a cash prize! • Each participant will have: • $100,000 of virtual cash • Until the end of spring semester to trade • The ability to view their own trade history as well as the trade history of other players • Great resources at their access to do research on investments

  7. Investopedia • How to join: • Create an Investopedia account (easy) • Click on Simulator on the home page

  8. Investopedia • How to join: • Click “Add/Edit Games”

  9. Investopedia • How to join: • Click “Join Game”

  10. Investopedia • How to join: • Search “CCIG OSU 2012” and select “Join”

  11. Investopedia • How to join: • Game Password: ******** • Password will be given to official members

  12. Investopedia Presentation… Here

  13. Now onto stock ownership and funds…

  14. Stock Ownership • What does it mean to own a stock? • Share of stock: A security representing fractional ownership in a firm and a claim on its net assets and earnings. • Value of stock changes with market • Voting rights • Do many things with stocks: • Buy (hold long positions) • Sell • Short selling (short position) • Cover short • More on this later…

  15. Stock Ownership • Yahoo! Finance summary of P&G stock

  16. Dollar Cost Averaging • An investment strategy where you put equal amounts of money into an investment periodically • Purchase more shares when prices are low, and less shares when prices are high – overall increase in portfolio value

  17. Funds • What is a fund? • A collection of stocks, other equity and debt instruments • Can track a particular index (such as the Dow Jones or S&P 500) • Diversification • “It’s the only free lunch”

  18. Funds • Indexes • Guaranteed market rate of return • Diversified • Low expenses • Usually tax efficient • Easy to build a portfolio based on your risk tolerance • Management Fee • 2% or more per year • Lower for ETF’s

  19. Funds • Index Mutual Funds • Higher minimums • Better for small, frequent purchases • Only priced and traded at the close of the day • Examples: • Vanguard • Fidelity • Blackrock • Janus

  20. Brokers • Different brokers are good for different things • Next week we will discuss the differences and our personal preferences • A few websites to research different brokers • http://www.stockbrokers.com/2012-online-broker-review.html • http://www.stocktradingtogo.com/compare-online-brokers/

  21. Questions? ? • Questions, comments or concerns?

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